A typical focus group has ________ members.
A. 2 to 4
B. 12 to 15
C. 4 to 6
D. 6 to 8
E. 8 to 12
Answer: E
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Which of the following is not an accurate description of the direct method?
A. It requires a reconciliation of net income to net cash provided by operating activities. B. The guidance provides a list of the minimum specific categories of cash inflows and outflows to include. C. It requires the presentation of major classes of gross receipts and disbursements. D. It is easier to implement because it relies exclusively on data already available in the accrual accounts.
Which of the following is an example of a debit memorandum?
a. Service charge notice b. Interest earned on the account balance c. Outstanding check d. Company error in recording a $500 deposit as $600
Which of the following statements is true?
a. Many fraud acts committed in the United States utilize the mail system. b. The United States Postal Service is a governmental organization. c. The United States Postal Inspection Service only shares its information with law enforcement agencies. d. Postal inspectors are state-employed investigators.
Which of the following free on board (FOB) pricings indicates that until the goods arrive at the purchaser's location, title doesn't change hands and freight charges are the responsibility of the seller?
A. FOB-market B. FOB-destination C. FOB-factory D. FOB-zone E. FOB-origin